The SALT Deduction: What It Is, Who It Affects, and the Ongoing Debate
Introduction The weight of state and local taxes can feel like a relentless squeeze on household budgets. Imagine a family diligently saving, only to see a significant chunk of their hard-earned money disappear into state and local coffers. The State and Local Tax deduction, commonly known as the SALT deduction, was designed to provide some … Read more
